FHA 203(k) Rehabilitation Mortgage

HUD / FHA-approved lenders

Active Home Repair

About This Program

FHA 203(k) insures mortgages covering both purchase and rehabilitation of a home, or refinance and rehabilitation. The Standard 203(k) allows major renovations (minimum $5,000 in rehab) up to the FHA county loan limit ($557,750 in Maricopa County for 2025). The Limited 203(k) covers minor remodeling up to $75,000 in rehab costs. Ideal for buying a fixer-upper or refinancing to fund repairs. A HUD-approved 203(k) consultant may be required for Standard loans.

Rehab cost is folded into the mortgage. Standard 203(k) requires a HUD-approved consultant. Limited 203(k) max rehab is $75,000. Minimum 580 credit score typically required.

Key Details

  • Combines home purchase/refinance with rehabilitation costs in one mortgage
  • Standard 203(k): major rehab, minimum $5,000, up to FHA county loan limit
  • Limited 203(k): minor rehab projects up to $75,000
  • Maricopa County FHA loan limit: $557,750 (2025)
  • Find FHA-approved 203(k) lenders at HUD.gov

How to Apply

Visit Official Program Page Track this program

Deadline: Rolling, apply through FHA-approved lenders

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find Contractors in Phoenix, AZ Are You a Contractor? Get Listed

Find More Programs in Phoenix, AZ

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs